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Prudent ARC set to raise fresh capital for its AIF

Finance

Prudent ARC set to raise fresh capital for its AIF

New Delhi-based Prudent ARC Ltd is set to raise around Rs 450 crore (about $60.5 million) in the ...

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Prudent ARC to roll out debut fund as coronavirus promises to serve up stressed assets

Finance

Prudent ARC to roll out debut fund as coronavirus promises to serve up stressed assets

New Delhi-based Prudent ARC Ltd is in talks with investors to roll out its debut fund, a top ...

Grapevine: Prudent ARC, US fund eye Punj Lloyd; Super Vasmol up for sale

General

Grapevine: Prudent ARC, US fund eye Punj Lloyd; Super Vasmol up for sale

Prudent ARC and a US-based fund backed by a group of engineering companies have joined the race for ...

Grapevine: SoftBank may back Mahindra Electric Mobility; Rebel Foods eyes funding

General

Grapevine: SoftBank may back Mahindra Electric Mobility; Rebel Foods eyes funding

Mahindra Electric Mobility, after announcing that it would look for a private equity investor or a ...

Stressed assets: Punj Lloyd case begins; NCLT says review bid for Alok Industries

General

Stressed assets: Punj Lloyd case begins; NCLT says review bid for Alok Industries

Indian banks are grappling with nearly $150 billion in bad loans and the various branches of the ...

IDFC Alternatives to buy three solar projects from Punj Lloyd

Infrastructure

IDFC Alternatives to buy three solar projects from Punj Lloyd

IDFC Alternatives, the asset management arm of infrastructure-focused lender IDFC Ltd, is buying ...

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MRO firm Air Works in funding talks; some PE investors to exit

Infrastructure

MRO firm Air Works in funding talks; some PE investors to exit

Aviation maintenance, repair and overhaul (MRO) services provider Air Works India Engineering Pvt. ...